TABLE 1 — IGO total Mineral Resources on 31 December 2019/20

Year
ending
Mining
operation
Mass
(Mt)
Grades In situ metal 
Ni Cu Co Au Ni Cu Co Au
(%) (%) (%) (g/t) (kt) (kt) (kt) (koz)
CY19 Nova (100%) 11.6 2.01 0.81 0.07 234 94 8
Tropicana (30%) 38.6 1.70 2,106
 CY19 total 50.2 ~ Grades are not additive ~ 234 94 8 2,106
CY20 Nova (100%) 11.8 1.76 0.71 0.06 208 84 7
Tropicana (30%) 43.5 1.64 2,292
 End of CY20 total 55.3 ~ Grades are not additive ~ 208 84 7 2,292
CY20/CY19 Nova (100%) 102% 87% 88% 87% 89% 89% 88%
% ratio Tropicana (30%) 113% 96% 109%
  CY20/CY19 110% ~ Grades are not additive ~ 89% 89% 88% 109%

 

TABLE 2 — IGO total Ore Reserves on 31 December 2019/20

Year
ending
Mining
operation
Mass
(Mt)
Grades In situ metal
Ni Cu Co Au Ni Cu Co Au
(%) (%) (%) (g/t) (kt) (kt) (kt) (koz)
CY19 Nova (100%) 9.5 1.85 0.78 0.07 177 74 6
Tropicana (30%) 16.9 1.67 909
 CY19 total 26.4 ~ Grades are not additive ~ 177 74 6 909
CY20 Nova (100%) 9.0 1.82 0.77 0.07 163 69 6
Tropicana (30%) 14.7 1.71 808
 End of CY19 total 23.7 ~ Grades are not additive ~ 163 69 6 808
CY20/CY19 Nova (100%) 94% 98% 99% 98% 92% 93% 92%
% ratio Tropicana (30%) 98% 102% 89%
  CY20/CY19 90% ~ Grades are not additive ~ 92% 93% 92% 89%